Reps direct NNPC to end petrol scarcity

Share:

House of Reps3The House of Representatives has called on the Nigerian National Petroleum Company Limited to ensure adequate supply of Premium Motor Spirit, popularly called petrol, within seven days.

At the plenary on Tuesday, the House particularly asked NNPCL to end this artificial scarcity within the next one week in order to ease the suffering of Nigerians, while calling on the Nigerian Midstream Downstream Petroleum Regulatory Commission to seek collaboration of the Nigeria Police Force and the State Security Service to ensure that fuel was sold at the regulated price and in all retail outlets.

The House further mandated its Committees on Petroleum Resources (Downstream) and Legislative Compliance to ensure compliance with the resolution.

The resolution was based on a motion of urgent public importance moved by a member of the House, Musa Abdullahi, titled ‘Urgent Need for the Government to End the Current Fuel Scarcity.

Moving the motion, Abdullahi noted that in the last few months, Nigerians had been subjected to untold hardship caused by the lingering petrol scarcity, affecting economic activities and making the already trying times in the country more difficult.

He said, “The House is concerned that intelligence reports on current fuel scarcity gathered by our securities agencies indicated that there is a deliberate plan by some oil marketers to derail the effort of the government in the distribution of fuel in the country by hoarding the petroleum products and, thereby, creating artificial scarcity all over the country.

“The House is further concerned that while the fuel scarcity is heating petrol stations of some major marketers that are currently selling fuel at government regulated price, some independent marketers who operate in the market have enough petroleum products selling at unregulated prices.

“The House is worried that most of those fuelling stations have resulted in selling fuel at over N300 per litre. It is observed with dismay that those who are gaining from this artificial fuel scarcity appear to be smiling home as a result of this ugly development and this has the potency to provoke innocent Nigerians against the Government.

Previous Article

Polaris Bank CEO urges auditors on tech

Next Article

Presidency knocks Kazaure over N89tn stamp duty claim

You may also like

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.